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SIGFOX
Global 0G network for low-power IoT connectivity.
About SIGFOX
Sigfox provides a global low-power wide-area network (LPWAN) for the Internet of Things (IoT), often referred to as the 0G network. Founded in 2010 by Ludovic Le Moan and Christophe Fourtet in Labège, France, the company was established to address the challenges of cost, energy consumption, and scalability in massive IoT deployments.
The firm's technology utilizes ultra-narrowband (UNB) radio modulation, allowing it to transmit very small data packets (up to 12 bytes) over long distances with minimal power. This design enables battery-powered IoT devices to operate for several years without needing a replacement. The network operates on unlicensed ISM radio bands and features a star topology where devices broadcast messages received by any nearby base station, which then forwards the data to the Sigfox Cloud for processing. This simple architecture eliminates the need for complex connection handshakes, reducing both energy use and hardware costs.
Sigfox's business model is based on providing connectivity as a service through a network of local Sigfox Network Operators (SNOs) across the globe. These operators deploy and maintain the physical infrastructure, while Sigfox manages the cloud platform and technology stack. The company serves various industries, including logistics, asset tracking, smart metering, agriculture, and smart cities.
After raising over $300 million from investors like Salesforce, Intel, and Samsung, Sigfox faced financial difficulties due to a slower-than-expected IoT adoption cycle and filed for bankruptcy in January 2022. In April 2022, the company was acquired by UnaBiz, a massive IoT service provider and existing Sigfox operator for Singapore and Taiwan, for a reported €25 million. Under UnaBiz's ownership, Sigfox continues to operate, supporting over 14 million active devices across 75 countries. UnaBiz has stated its intention to foster convergence between LPWAN technologies and has made the Sigfox device library code publicly available to encourage interoperability.
Source: Dealroom company dataAt a glance
- Founded
- 2009
- Headquarters
- Labège, France
- Sector
- Telecom
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Series A4 investors entered at this stage
Elaia
IoT Valley
Intel Capital
iXO Private Equity
Series B and later21 investors entered at this stage
Bpifrance
Eurazeo
Telefónica Innovation Ventures
Zouk Capital
Eutelsat Group
SK Telecom
Elliott Management
ALIAD (Air Liquide)
Telefonica
NTT DOCOMO Ventures
NTT DoCoMo
SK Telecom Ventures
Air Liquide
Engie
Henri Seydoux
Salesforce Ventures
TotalEnergies Carbon Neutrality Ventures
SWEN Capital Partners
Alto Invest
Tamer Group
Khazanah Nasional Berhad
Source: Dealroom Talent Intelligence.
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team presence
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